If there is turmoil in currencies, gold can shoot up sharply, says author of Arora Report.
India has a huge trade surplus with US - over $20 billion a year in the past five years.
NITI Aayog wants the prime minister's flagship initiative should focus on labour-intensive sectors and policies that impede their growth to get special attention.
CBDT circular issued last month had raised multiple taxation concerns.
Rajesh Bhayani highlights all that you need to know about the online currency.
The sharp rise was also due to a statistical illusion -- low industrial numbers in November 2015, and sharp reversal of a 12-month declining trend in capital goods.
Rajesh Bhayani examines what SEBI's approval of diamond futures trading means for the diamond market players.
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
The customs duty from gold imports could be approximately Rs 8,000 crore, about less than half of what was collected a year ago.
If a risk taker and young, NPS would suit her/him. Otherwise, s/he should go for EPF.
Sentiment very bullish for 2017; prices could touch all-time peak of $1,161 soon and may double from present levels by the end of the year. Rajesh Bhayani reports.
Pronab Sen, the government's former chief statistician, says contrary to perception, GDP growth won't be drastically hit in the present quarter.
A large number of people using cards at PoS Cards being used more frequently Small-ticket transactions Mastercard South Asia head Porush Singh calls these the three key trends for a cashless future. And post-demonetization India, he believes, is steadily moving towards it.
Exchanges believe its legal status may now change, with the government pushing for digitised transactions.
The economy could return to 8% growth by the end of 2017-2018, says Arvind Panagariya, vice-chairman NITI Aayog.
Consensus seems a problem before the current session of Parliament ends.
The exchange, say sources, began mock trading from early October and around 250 Indian brokers have said they'd take membership of the international exchange.
'Demonetisation may have been well-intentioned, but it was a major mistake. The government should reverse it. It could at least declare that Rs 500 notes, which many poorer people frequently use, are legal again,' Basu, who till recently was World Bank vice-president, wrote in an opinion piece in The New York Times.
The minister asked jewellers not to recover transaction charges for use of debit or credit cards from customers.
Real reason for crashing gold prices is not Trump victory, says expert.
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